Alqanoni

Competition Law

Art. 5
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

Practices which deliberately or inadvertently prejudice competition, whether written or verbal, explicit or implicit, including agreements or contracts between entities, shall be prohibited, particularly the following: 1. Determining or proposing prices of goods, fees of service, and terms of sale or purchase, and the like. 2. Determining the goods' sizes, weights, and production quantities, or determining the performance of services. 3. Restricting the free flow of goods and services to or from markets in whole or in part by unjustly concealing, storing, or refusing to deal therein. 4. Any conduct that obstructs the entry of an entity into the market or leads to its exclusion therefrom. 5. Preventing a particular entity or entities from accessing goods and services available in the market, in whole or in part. 6. Dividing markets for the sale or purchase of goods and services, or designating them according to any specific criteria, particularly: a) geographical areas; b) distribution centers; c) customer type; and d) seasons and time periods. 7. Freezing or limiting the manufacturing, development, distribution, and marketing process, as well as all other investment activities. 8. Colluding or coordinating in bids or offers of government tenders, auctions, and the like, in a manner that prejudices competition. Competition Law

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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